Communications, Services & Infrastructure Sector
Learning Media Ltd (LML)
LML’s core business is the publication, production, marketing and sale of educational materials, particularly to the Ministry of Education. LML warehouses educational material and fulfils orders for this material, mainly from New Zealand schools. LML also develops education material for overseas markets, in particular the United States.
LML was established as a Crown-owned company in 1993, but became a
state-owned enterprise in January 2005.
Website: www.learningmedia.co.nz (opens in new window)
2009/12 Statement of Intent (.pdf 230kb)
Key Company Information
Key Company Data - Learning Media Ltd (LML)
| Company Form | State-owned enterprise |
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| Year of Establishment | 2005 |
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| Head Office | Wellington |
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| Chair (term expiry) | Sandy Maier (April 2012) |
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| Deputy Chair | Joanna Beresford (April 2011) |
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| Board Membership | Lindsay Corban (October 2013)
Kim Wicksteed (October 2012)
Taria Tahana (April 2013)
Ian Wilson (April 2011)
Dianne Yates (April 2011) |
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| CEO | David Glover |
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| Balance Date | 30 June |
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| Number of FTE Staff | 112 |
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Key Financial Data
Learning Media Ltd (LML)
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 24.0 | 23.6 | 25.1 | 24.3 | 24.1 |
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| EBITDAF | 2.1 | 2.3 | 1.7 | 1.7 | 2.9 |
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| Net Profit After Tax | 0.4 | 1.0 | 0.2 | -3.3 | 1.5 |
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| Shareholder Equity | 4.6 | 5.6 | 5.7 | 2.5 | 4.0 |
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| Assets | 11.8 | 14.9 | 17.0 | 6.7 | 11.5 |
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| Dividends | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
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| Return on Equity | 8.6% | 18.6% | 3.1% | -80.6% | 46.3% |
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| Return on Assets | 5.0% | 9.3% | 2.6% | -39.2% | 23.7% |
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| Gearing | 0.0% | 0.0% | 20.6% | 0.9% |
0.0% |
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Financial data correct as at 30 June 2009.
